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Stock Market & Financial Investment News

News Breaks
March 11, 2014
09:05 EDTNOC, LVLTLevel 3 selected by Northrop Grumman as part of defense contract
Level 3 Communications (LVLT) announced Northrop Grumman (NOC) has selected the company to deliver network services as part of the defense contractor's multi-million dollar agreement with the U.S. Air Force to support their distributed simulation training network. As part of the Distributed Mission Operation Network (DMON), Level 3 has connected more than 50 sites worldwide.
News For LVLT;NOC From The Last 14 Days
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March 2, 2015
07:41 EDTLVLTMorgan Stanley to hold a conference
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February 27, 2015
17:29 EDTNOCNorthrop Grumman awarded $148.3M government contract
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February 26, 2015
13:00 EDTLVLTFCC votes in favor of adopting net neutrality proposals
The Federal Communications Commission voted 3 to 2 in favor of adopting new open Internet, or "net neutrality," rules. FCC Chairman Tom Wheeler has proposed that the FCC use its Title II authority to implement and enforce open Internet protections, with "bright-line" rules to ban paid prioritization and the blocking and throttling of lawful content and services. However, Wheeler said his proposal will "modernize" Title II, insuring there will be no rate regulation, no tariffs, and no last-mile unbundling. Major Internet Service Providers, including AT&T (T), Comcast (CMCSA), and Verizon (VZ), have opposed FCC Chairman Wheeler's proposals to treat Internet service similar to a utility. Other companies that provide Internet services include Time Warner Cable (TWC), CenturyLink (CTL), DIRECTV (DTV), Cablevision (CVC) and Lumos Networks (LMOS). Netflix (NFLX) has strongly supported open Internet provisions. Cogent Communications (CCOI) and Level 3 Communications (LVLT) are facilities-based providers of Internet access and Internet Protocol communications services that are likely to be impacted by FCC rules on net neutrality.
12:55 EDTLVLTFCC Chair says open Internet proposals not a plan to control the Internet
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09:11 EDTLVLTAlteva and Level 3 partnered in communications overhaul for Focus Pointe
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February 18, 2015
10:05 EDTNOCOn The Fly: Analyst Downgrade Summary
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07:28 EDTNOCNorthrop Grumman downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded Northrop Grumman to Market Perform citing high valuation. Price target raised to $184 from $177.

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